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Staying flat into the weekend

By David Rodriguez, Quantitative Strategist
29 July 2011 20:15 GMT

I closed both my EURUSD short position at a loss because the trade was not working out in my favor, while my GBPUSD short position got stopped out. I generally think the US Dollar is headed lower across the board. Yet I don't see any compelling entries at the moment. Standing back until things start to clear up.

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29 July 2011 20:15 GMT